题目
题目
单项选择题

Which of the following is NOT true about the trade relationship between two countries, such as China and the U.S.?

选项
A.Net exporters, such as China, have stronger local currencies than net importers, such as the US.
B.An appreciation of a country's currency (e.g., a stronger USD relative to the Chinese Yuan) tends to stimulate the country's imports and encourage outward foreign direct investment.
C.The trade balance between China and the US depends not only on product prices but also on the prevailing exchange rate of the Yuan relative to the US dollar.
D.A country like China that has excess savings over domestic investment can invest in other foreign countries.
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标准答案
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思路分析
Let's evaluate each statement in the context of international trade and currency effects, keeping in mind typical macro theory. Option 1: 'Net exporters, such as China, have stronger local currencies than net importers, such as the US.' This is not generally true. In many cases, net exporters actually tend to have weaker or undervalued currencies to boost competitiveness of their goods abroad. A strong export sector does not automatically translate into a stronger currency; capital flows, monetary policy, and reserve man......Login to view full explanation

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